European Journal of Business and Management www.iiste.org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol.6, No.7, 2014 116 Challenges and Prospects of Poultry Industry in Bangladesh Mohammad khairul Islam Assistant Professor, Department of Mathematics, Ananda Mohan College Mymensingh, Bangladesh. E-mail: khairulamc@gmail.com Dr. Mohammed Forhad Uddin Associate Professor, Department of Mathematics Bangladesh University of Engineering and Technology (BUET) Dhaka,Bangladesh. E-mail:kforhad77@gmail.com Dr. Md. Mahmud Alam Professor, Department of Mathematics, Dhaka University of Engineering and Technology (DUET) Gazipur, Bangladesh. E-mail: md.malammath.yahoo.com Abstract Poultry industry is one of the most promising sectors for Bangladesh. This industry can provide various opportunities to increase GDP growth rate plus equitable distribution through arranging food security as well as ensuring self -employment, creating purchasing power and reducing poverty at a large scale. About 44 per cent of daily human intake of animal protein comes from livestock products. The poultry industry has been supplying quality protein to the people of Bangladesh at the lowest price in the world. The study outlined major concerns focusing on the entire problems. The followings points have been finally consider as comprehensive issues; lack of quality chicks, high price of feed, marketing problem, insufficient bank loan, lack of quality vaccine, the vaccine price is very high and bird flu. It is observed that to import poultry related products huge amount of valuable foreign exchange will be spent. We have proposed for providing subsidy to the local industry and protect safeguard to the local entrepreneurs of the poultry industry. Keywords: Poultry, Problem, Prospect, Dropping, Bangladesh 1. INTRODUCTION 1.1 Background Bangladesh is one of the high density countries of the world has a population of 160 million people within the area of 1,47,570 square-km. About Eighty percent people of this country still live in villages and are extremely poor. Poultry farms, mainly chicken farms producing meat and eggs, can be highly specialized operations. Both the government and a variety of non-governmental organizations (NGO’s) are actively promoting poultry development at all levels. The Bangladesh Rural Advancement Commission (BRAC), the largest, shows in its’ annual report that more than 70% of rural households are involved in poultry keeping. But they face serious constraints, as the mortality rate of poultry is said to be as high as 25%, due to a combination of improper feeding practices, ignorance of management needs and poor distribution of vaccines. The poultry industry is becoming a leading industry in the country. The sector has been growing an annual rate of around 20 per cent for the last two decades. This industry has immense scope for the country through following points: i) Changing livelihood & food habit; ii) Reduction of dependence of meat related to Cow and goat, iii) Ultimately has positive impact on GDP growth rate of the country as well as ensuring food security. 1.1.1 LITERATURE REVIEW It is evident that a substantial majority of the population suffers from varying degrees of malnutrition, including protein-energy malnutrition, micro-nutrient deficiencies, iodine deficiency disorder, iron deficiency, anemia, and vitamin deficiencies, whose major portion are recovered by poultry industry. Fish and cattle production require a longer time. But poultry production is relatively faster and easier, if public and private sector initiatives go side by side. A recent report titled ‘Climate change as a security risk’ indicated to the probable loss land through flooding in this part of the world. Bangladesh is a densely populated country. Agricultural land is limited and is reducing at one per cent per annum. A solution to the issue of farmland depletion could be formulation of a sensible and realistic land-use policy. Poultry is most probably the only